TechniBlock

Trading BTC with the 21 EMA and the 9 SMA playing the crosses

COINBASE:BTCUSD   Bitcoin
This chart demonstrates that when the 9 SMA (red) crosses the 21 EMA (yellow) and red is on top we are bullish and it presents a buy. When the 21 EMA crosses the 9 SMA and yellow is on top it presents a sell opportunity. This works as long as we are in a bull market and can get some decent return. I will note that it flashed a buy this morning. This could be a good swing trading basis for traders especially when combined with pattern trading, RSI and MacD.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.